Deepak Nitrite

Why is Deepak Nitrite Ltd. falling/rising?

As of 02-Sep, Deepak Nitrite Ltd. is facing a stock price decline to Rs 1,733.65, down 2.81%, due to underperformance against benchmarks and concerns over long-term growth and valuation. Despite positive short-term indicators, the stock's high valuation and poor historical performance suggest it may be overvalued.

As of 02-Sep, Deepak Nitrite Ltd. is experiencing a decline in its stock price, currently at Rs 1,733.65, down by Rs 50.05 or 2.81%. This drop can be attributed to several factors highlighted in the source data. <BR><BR>Firstly, the stock has underperformed against the benchmark Sensex, with a performance of -2.51% over the past week compared to -1.17% for the index. Additionally, today's performance indicates that the stock underperformed its sector by 2.22%. The stock also reached an intraday low of Rs 1,716.55, reflecting a decrease of 3.76% during the trading day.<BR><BR>Despite some positive indicators, such as a high return on equity (ROE) of 18.20% and a significant growth in net profit of 56.94% reported in June, the long-term outlook appears less favorable. The company has shown poor long-term growth, with operating profit declining at an annual rate of -4.14% over the last five years. Furthermore, the stock is trading at a premium compared to its peers, indicated by a very expensive valuation with a 3.5 enterprise value to capital employed ratio.<BR><BR>Moreover, the stock has consistently underperformed against benchmarks over the last three years, generating a return of -1.48% in the past year while profits increased by 30.6%. This underperformance, coupled with a high price-to-earnings growth (PEG) ratio of 1, suggests that the stock may be overvalued relative to its growth prospects.<BR><BR>In summary, the combination of recent price declines, underperformance against benchmarks, and concerns regarding long-term growth and valuation contribute to the current falling trend of Deepak Nitrite Ltd.'s stock price.

Which are the latest news on Deepak Nitrite?

Who are in the management team of Deepak Nitrite?

The management team of Deepak Nitrite includes C K Mehta (Chairman Emeritus), D C Mehta (Chairman & Managing Director), Maulik D Mehta (Executive Director & CEO), and several independent and non-executive directors, bringing diverse expertise to the company.

The management team of Deepak Nitrite includes the following key individuals:<BR><BR>1. **C K Mehta** - Chairman Emeritus<BR>2. **D C Mehta** - Chairman & Managing Director<BR>3. **Richard H Rupp** - Non-Executive & Independent Director<BR>4. **Sudhir Mankad** - Non-Executive & Independent Director<BR>5. **D Swaminathan Sivaram** - Non-Executive & Independent Director<BR>6. **Arvind Bajpai** - Company Secretary & Compliance Officer<BR>7. **Maulik D Mehta** - Executive Director & CEO<BR>8. **Sanjay Upadhyay** - Director (Finance) & CFO<BR>9. **Sanjay Asher** - Non-Executive & Independent Director<BR>10. **Purvi Sheth** - Non-Executive & Independent Director<BR>11. **Ajay C Mehta** - Non-Executive & Non-Independent Director<BR>12. **Dileep Choksi** - Non-Executive & Independent Director<BR>13. **Meghav Deepak Mehta** - Director<BR>14. **Girish Satarkar** - Whole-time Director<BR><BR>This diverse team brings a wealth of experience and expertise to the company.

What does Deepak Nitrite do?

Deepak Nitrite Ltd. is a small-cap chemical manufacturing company specializing in specialty chemicals, with recent net sales of ₹2,578 Cr and a net profit of ₹345 Cr as of June 2026. The company has a market cap of ₹23,812 Cr and key metrics include a P/E ratio of 30.00 and a dividend yield of 0.42%.

Overview:<BR>Deepak Nitrite Ltd. is a prominent chemical manufacturing company operating in the specialty chemicals industry within the small-cap market segment.<BR><BR>History:<BR>Deepak Nitrite Ltd. was incorporated in the year 1970. The latest quarterly results reported are for June 2026, showcasing the company's ongoing operations and performance.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2,578 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 345 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 23,812 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 30.00 <BR>Industry P/E: 43 <BR>Dividend Yield: 0.42% <BR>Debt-Equity: 0.20 <BR>Return on Equity: 9.59% <BR>Price-to-Book: 4.12 <BR><BR>Contact Details:<BR>Address: Aaditya-I, Chhani Road Vadodara Gujarat : 390024 <BR>Tel: 91-265-2765200/3960200 <BR>Email: investor@deepaknitrite.com <BR>Website: http://www.deepaknitrite.com

Who are the peers of the Deepak Nitrite?

Deepak Nitrite's peers include Pidilite Industries, SRF, Gujarat Fluoroch, Navin Fluorine International, Himadri Special, Aether Industries, Aarti Industries, Atul, and BASF India. Notably, Navin Fluorine International has the highest 1-year return at 85.02%, while BASF India has the lowest at -17.84%, with Deepak Nitrite's return at -2.22%.

Peers: The peers of Deepak Nitrite are Pidilite Inds., SRF, Gujarat Fluoroch, Navin Fluo.Intl., Himadri Special, Aether Industri., Aarti Industries, Atul, and BASF India.<BR><BR>Quality Snapshot: Excellent management risk is observed at Pidilite Inds. and Fine Organic, while Good management risk is found at SRF, Navin Fluo.Intl., Himadri Special, Atul, and BASF India. Average management risk is noted at Gujarat Fluoroch and Aether Industri., and the rest have Below Average management risk. Growth is Excellent for Navin Fluo.Intl., Himadri Special, and the rest have Average or Below Average growth, with Aarti Industries specifically noted for Below Average growth. Excellent capital structure is seen at Pidilite Inds., Navin Fluo.Intl., Himadri Special, Deepak Nitrite, Aether Industri., Atul, and BASF India, while Good capital structure is found at Gujarat Fluoroch, and Below Average capital structure is noted at Aarti Industries.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Navin Fluo.Intl. at 85.02%, while the lowest is BASF India at -17.84%. Deepak Nitrite's own 1-year return is -2.22%, which is higher than BASF India's but lower than many others. Additionally, peers such as SRF and Atul have negative six-month returns.

How big is Deepak Nitrite?

As of 31st August, Deepak Nitrite Ltd. has a market capitalization of 23,812.00 Cr, with recent net sales of 8,574.79 Cr and a net profit of 783.26 Cr over the last four quarters.

As of 31st August, <BR><BR>Market Cap: Deepak Nitrite Ltd. has a market capitalization of 23,812.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 8,574.79 Cr, while the sum of Net Profit for the same period is 783.26 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period is March 2026, with Shareholder's Funds amounting to 5,836.83 Cr and Total Assets valued at 8,653.35 Cr.

Are Deepak Nitrite Ltd. latest results good or bad?

Deepak Nitrite Ltd. reported strong Q1 FY27 results, with a net profit of ₹345.02 crores (up 207.50% year-on-year) and revenue growth of 36.39% to ₹2,577.60 crores. The significant improvements in operating and PAT margins indicate enhanced profitability, making the results very positive and boosting investor confidence.

Deepak Nitrite Ltd. has reported impressive results for Q1 FY27, indicating a strong performance. The company achieved a net profit of ₹345.02 crores, which reflects a remarkable year-on-year growth of 207.50%. Revenue also saw significant growth, increasing by 36.39% to ₹2,577.60 crores compared to the same quarter last year. <BR><BR>The operating margin improved substantially to 20.96%, marking an increase of over 1,000 basis points from the previous year, and the PAT margin rose to 13.38%, up from 5.94% a year ago. This indicates enhanced operational efficiency and profitability.<BR><BR>Overall, the results are considered very positive, showcasing strong revenue growth and margin expansion, which suggests that Deepak Nitrite is navigating the current market conditions effectively. The stock has responded well to these results, gaining 2.22% on the announcement day, indicating investor confidence in the company's performance.

Should I buy, sell or hold Deepak Nitrite Ltd.?

When is the next results date for Deepak Nitrite Ltd.?

The next results date for Deepak Nitrite Ltd. is 04 August 2026.

The next results date for Deepak Nitrite Ltd. is scheduled for 04 August 2026.

Is Deepak Nitrite overvalued or undervalued?

As of December 4, 2025, Deepak Nitrite is considered overvalued with a PE ratio of 39.43, significantly higher than its peers, and has underperformed the Sensex with a year-to-date decline of 38.45%.

As of 4 December 2025, the valuation grade for Deepak Nitrite has moved from fair to expensive, indicating a shift in perception regarding its market value. The company is currently considered overvalued. Key ratios include a PE ratio of 39.43, an EV to EBITDA of 24.89, and a Price to Book Value of 3.80, all of which suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Deepak Nitrite's PE ratio is significantly higher than that of Godrej Industries, which stands at 35.01, and Atul, which has a PE of 31.21. Additionally, the PEG ratio for Deepak Nitrite is 0.00, indicating no growth expectation priced into the stock, which contrasts sharply with Solar Industries, where the PEG ratio is 2.89. Recent performance shows that Deepak Nitrite has underperformed the Sensex, with a year-to-date decline of 38.45% compared to the Sensex's gain of 9.12%, further reinforcing the notion of overvaluation.

Is Deepak Nitrite technically bullish or bearish?

As of November 18, 2025, Deepak Nitrite's technical trend has shifted to a bearish stance, supported by negative signals from moving averages and Bollinger Bands, despite mixed MACD indicators across time frames and underperformance relative to the Sensex.

As of 18 November 2025, the technical trend for Deepak Nitrite has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this sentiment include the bearish signals from the daily moving averages and the Bollinger Bands on both weekly and monthly time frames. The MACD shows a mildly bullish signal on the weekly but is bearish on the monthly, indicating mixed signals across different time frames. The Dow Theory also reflects a mildly bearish stance on both weekly and monthly charts. Overall, the bearish trend is reinforced by the stock's significant underperformance compared to the Sensex over various periods, particularly year-to-date and over the past year.

How has been the historical performance of Deepak Nitrite?

Deepak Nitrite has demonstrated strong growth in net sales and total assets from Mar'19 to Mar'25, with net sales rising from 2,699.92 Cr to 8,281.93 Cr. However, profitability has declined, with profit after tax falling from 810.85 Cr to 697.37 Cr, amid rising expenditures and liabilities.

Answer:<BR>The historical performance of Deepak Nitrite shows a consistent growth trend in net sales and profits over the years, with some fluctuations in specific metrics.<BR><BR>Breakdown:<BR>Deepak Nitrite's net sales have increased from 2,699.92 Cr in Mar'19 to 8,281.93 Cr in Mar'25, reflecting a strong upward trajectory. Total operating income followed a similar pattern, reaching 8,281.93 Cr in Mar'25, up from 2,699.92 Cr in Mar'19. However, total expenditure also rose significantly, from 2,286.03 Cr in Mar'19 to 7,190.17 Cr in Mar'25, impacting operating profit, which decreased from 1,175.62 Cr in Mar'24 to 1,091.76 Cr in Mar'25. Profit before tax saw a decline from 1,101.69 Cr in Mar'24 to 952.75 Cr in Mar'25, while profit after tax also fell from 810.85 Cr to 697.37 Cr in the same period. The company's total assets grew from 3,208.61 Cr in Mar'20 to 7,706.02 Cr in Mar'25, indicating robust asset accumulation. Total liabilities increased from 3,208.61 Cr to 7,706.02 Cr, with long-term borrowings rising sharply from 216.95 Cr in Mar'24 to 1,025.71 Cr in Mar'25. Cash flow from operating activities decreased from 874.00 Cr in Mar'24 to 624.00 Cr in Mar'25, while cash flow from investing activities turned significantly negative at -1,489.00 Cr in Mar'25, reflecting substantial investments. Overall, while Deepak Nitrite has shown impressive growth in sales and assets, it faces challenges in maintaining profitability and managing its increasing liabilities.

Who are the top shareholders of the Deepak Nitrite?

The top shareholders of Deepak Nitrite include promoter Deepak Chimanlal Mehta with 16.52%, mutual funds at 12.2%, foreign institutional investors at 6.65%, and the Life Insurance Corporation of India holding 9.47%, alongside individual investors who own 18.11%. The absence of pledged promoter holdings indicates strong confidence among promoters.

The top shareholders of Deepak Nitrite include a mix of promoters, institutional investors, and individual shareholders. The largest promoter is Deepak Chimanlal Mehta, who holds 16.52% of the shares. The company has no pledged promoter holdings, indicating strong confidence among its promoters. <BR><BR>In terms of institutional investors, mutual funds hold 12.2% of the shares across 28 schemes, while foreign institutional investors (FIIs) account for 6.65% with 179 FIIs involved. The highest public shareholder is the Life Insurance Corporation of India, which holds 9.47%. Additionally, individual investors collectively own 18.11% of the shares. <BR><BR>This diverse shareholder base reflects a robust interest in Deepak Nitrite from various segments of the investment community.

What is the bonus history of the Deepak Nitrite?

Deepak Nitrite issued a 1:1 bonus on June 20, 2014, with a record date of June 23, 2014, allowing shareholders to double their holdings.

Deepak Nitrite has a bonus history that includes a 1:1 bonus issue announced on June 20, 2014. The record date for this bonus was June 23, 2014. This means that for every share held, shareholders received an additional share, effectively doubling their holdings at that time. If you have any more questions about the company or its financials, feel free to ask!

Has Deepak Nitrite declared dividend?

Yes, Deepak Nitrite Ltd. has declared a 375% dividend, amounting to ₹7.5 per share, with an ex-date of July 29, 2024. While the long-term returns have been strong, recent performance shows negative total returns over shorter periods.

Deepak Nitrite Ltd. has declared a 375% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 375%<BR>- Amount per share: 7.5<BR>- Ex-date: Jul-29-2024<BR><BR>Dividend Yield: 0.38%.<BR><BR>Total Returns by Period:<BR>Over the last 6 months, the price return was -28.02%, with a dividend return of 0%, resulting in a total return of -28.02%.<BR><BR>In the past year, the price return was -14.76%, the dividend return was 0.32%, leading to a total return of -14.44%.<BR><BR>Over the last 2 years, the price return was -8.79%, the dividend return was 0.34%, resulting in a total return of -8.45%.<BR><BR>In the 3-year period, the price return was 2.06%, with a dividend return of 0.81%, culminating in a total return of 2.87%.<BR><BR>For the 4-year period, the price return was 12.18%, the dividend return was 0.87%, which led to a total return of 13.05%.<BR><BR>In the last 5 years, the price return was 300.94%, with a dividend return of 3.22%, resulting in a total return of 304.16%.<BR><BR>Overall, Deepak Nitrite has declared a significant dividend, but the total returns over the shorter periods have been negative, indicating challenges in the stock's performance despite a strong long-term return.